Welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Friday, May 6. In today's briefing, we look at a Southern California businessman who has emerged as a player in bankruptcy cases across the country.

Arian Eghbali, 40 years old, has been involved in dozens of recent chapter 11 cases, including Forever 21, Hooters and Virgin Orbit, representing trade creditors through his firm Olympus Guardians.

In addition to his bankruptcy work, Eghbali is the chief executive of a credit repair firm, Enrich Financial, and he established Goldman Sachs Capital LLC, which has no connection to Goldman Sachs, the well-known financial institution.

Eghbali approaches trade vendors with claims in bankrupt companies, offering to represent them as a proxy on court-appointed creditor committees through his firm Olympus Guardians and to charge a 2% fee on recovered funds. Eghbali is knowledgeable about bankruptcy procedures and laws and is forceful in advocating for his clients, said a person who has worked with him.

Eghbali has also won an assignment as the liquidating trustee of Plenty Unlimited, a vertical farming startup that was backed by Jeff Bezos and SoftBank before it filed for bankruptcy this year, and serves as the trustee for unsecured creditors in Zips Car Wash, one of the nation’s largest privately owned carwash chains.

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